Twitter continues selloff, shares -4.7% premarket

|By:, SA News Editor

Twitter's (TWTR) premarket drop follows a 13% decline in regular trading on Friday, which came in the wake of a Macquarie downgrade.

Shares have now given back most of last week's gains, but remain up slightly from their Dec. 20 close. After factoring options/RSUs (brings the company's diluted share count to roughly 700M), Twitter's market cap is still north of $42B.